Brown & Brown
332 hedge funds and large institutions have $6.77B invested in Brown & Brown in 2019 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 123 increasing their positions, 102 reducing their positions, and 32 closing their positions.
50% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 32
21% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 102
13% more capital invested
Capital invested by funds: $5.97B → $6.77B (+$800M)
3% more funds holding
Funds holding: 321 → 332 (+11)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.15% less ownership
Funds ownership: 71.89% → 71.74% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$65M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$29.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$16.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$10M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$9.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$28.4M |
| 2 |
Renaissance Technologies
New York
|
-$26.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$21.2M |
| 4 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$16.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$14.8M |
BRO Hedge Fund Activity: Q2 2019 in Review
332 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2019, worth a combined $6.77B — up 13% from $5.97B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new BRO positions and 32 closed out — a net gain of 16 holders — while 123 added to existing stakes and 102 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $65M. The largest seller was APG Asset Management, cutting an estimated $28.4M.
- 332 institutional investors held Brown & Brown (BRO) as of Q2 2019, up from 321 in Q1 2019.
- Funds reported $6.77B of Brown & Brown stock for Q2 2019, up 13% quarter-over-quarter.
- 48 funds opened new Brown & Brown positions in Q2 2019 and 32 closed out, a net change of +16 holders.
- The largest Brown & Brown buyer in Q2 2019 was Schroder Investment Management Group, an estimated $65M added.
- The largest Brown & Brown seller in Q2 2019 was APG Asset Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q2 2019.